Question 1 10 pts A company has the following capital structure: D/E ratio = 0.3, Equity Beta = 1.14, Cost of Debt = 4.7%. The CEO proposes a new leverage, expressed by a target D/E ratio of 0.61. What would be the firm's new WACC? Assume that the marginal tax rate is 40%, risk-free rate is 3.4%, market risk premium is 5.3%, and that debt is risk less. Enter your answer as a percentage, with 2 decimals, without the percentage "%" sign. For example, if you obtain an answer equal to 0.123456, that's 12.3456%, so enter 12.35